Common use of Termination Upon Death of Employee Clause in Contracts

Termination Upon Death of Employee. This Agreement shall automatically terminate in the event of the Employee's death. In such case, any accrued compensation or benefits shall inure to the estate of the Employee, and the payment thereof shall be the only liability the Company shall have to the Employee's estate.

Appears in 6 contracts

Samples: Employment Agreement (Leisure Time Casinos & Resorts Inc), Employment Agreement (Leisure Time Casinos & Resorts Inc), Employment Agreement (Leisure Time Casinos & Resorts Inc)

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Termination Upon Death of Employee. This Agreement shall automatically terminate in the event of the Employee's death. In such case, any accrued compensation or benefits shall inure to the estate of the Employee, Employee and the payment thereof shall be the only liability the Company shall have to the Employee's estate.

Appears in 4 contracts

Samples: Employment Agreement (Leisure Time Casinos & Resorts Inc), Employment Agreement (Leisure Time Casinos & Resorts Inc), Employment Agreement (Multi Link Telecommunications Inc)

Termination Upon Death of Employee. This Agreement shall automatically terminate in the event of the Employee's death. In such case, any accrued compensation or benefits Base Salary and bonus shall inure to the estate of the Employee, Employee and the payment thereof shall be the only liability the Company shall have to the Employee's estate. In the event Employee dies during the initial Term or thereafter, there shall be no obligation to return all or any portion of the Initial Bonus.

Appears in 2 contracts

Samples: Employment Agreement (Cognigen Networks Inc), Employment Agreement (Cognigen Networks Inc)

Termination Upon Death of Employee. This If during the term of this Agreement Employee dies, then this Agreement shall automatically terminate in and the event of the Employee's death. In such case, any accrued compensation or benefits Company shall inure pay to the estate of Employee only the compensation and benefits (including any life insurance benefits provided to Employee, and ' estate under the payment thereof shall be Company's standard policies as in effect) due Employee through the only liability the Company shall have to the Employee's estatedate of his death.

Appears in 1 contract

Samples: Employment Agreement (Wavo Corp)

Termination Upon Death of Employee. This Agreement shall automatically terminate in the event of the Employee's death. In such case, any accrued compensation or benefits Base Salary and bonus shall inure to the estate of the Employee, Employee and the payment thereof shall be the only liability the Company shall have to the Employee's estate.

Appears in 1 contract

Samples: Employment Agreement (Cognigen Networks Inc)

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Termination Upon Death of Employee. This If during the term of this -------------------------------------- Agreement Employee dies, then this Agreement shall automatically terminate in the event of the Employee's death. In such case, any accrued compensation or benefits and Employer shall inure pay to the estate of Employee the Employee, compensation and the payment thereof shall be the only liability the Company shall have benefits (including any life insurance benefits provided to the Employee's estateestate under Employer's standard policies as in effect) due Employee through the date of his death.

Appears in 1 contract

Samples: Employment Agreement (American Nortel Communications Inc)

Termination Upon Death of Employee. This In addition to any other provision relating to termination, this Agreement shall automatically terminate in the event of upon the Employee's death. In such caseevent, any accrued all unpaid compensation or benefits shall inure and all expense reimbursements due to the estate of the Employee, and the payment thereof Employee shall be the only liability the Company shall have paid to the Employee's estate.

Appears in 1 contract

Samples: Merger Agreement (Tyler Corp /New/)

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